Prime Highlights: American Express reported an 8% year-over-year increase in spending during Q4, following slower growth in earlier quarters. Millennials and Gen Z drove the surge in spending, with transaction…
Prime Highlights: Retro Biosciences is raising $1 billion to support the development of AI-powered drugs aimed at extending human lifespan by a decade. The start-up is backed by OpenAI CEO…
Prime Highlights: JPMorgan Chase CEO Jamie Dimon describes the U.S. stock market as "kind of inflated" and notes asset prices are in the top 10-15% of historical valuations. Dimon points…
Prime Highlights: Bank of America CEO Brian Moynihan stated that the U.S. banking industry would embrace cryptocurrencies for payments if regulatory frameworks are established. Moynihan expressed confidence that banks would…
Prime Highlights: Honor's CEO, George Zhao, stepped down due to personal reasons, citing health concerns and a desire to spend more time with his family. Jian Li, who has been…
Prime Highlights: Stand Insurance, co-founded by Dan Preston, has seen a sharp rise in demand for wildfire coverage following LA’s January 2025 wildfires. Legacy insurers are abandoning California, making Stand’s…
Prime Highlights: Merit Systems raises $10 million in seed funding to address the challenge of rewarding open-source developers. The funding round is co-led by Andreessen Horowitz’s crypto fund and Blockchain…
Key Highlights: Goldman Sachs CEO David Solomon anticipates the end of the multi-year IPO drought, predicting a surge in initial public offerings (IPOs) and dealmaking. Despite challenges such as rising…
Prime Highlights: Daniel Pinto, JPMorgan Chase's President and COO, will step down in June 2025 and retire at the end of 2026. The move signals a significant reshuffling of leadership…
Prime Highlights: Waystar introduces AltitudeCreate, an AI tool to automate insurance claim appeals. The solution could save hospitals billions by reducing the time and cost of fighting claim denials. Over…
